Thailand has set its cryptocurrency tax rate to 0% as part of an effort to attract crypto businesses and establish itself as a regional hub, according to CoinTelegraph. This move aims to create a more favorable environment for digital asset companies and investors.
Meanwhile, the Bitcoin Red Team has shifted to using open source Chinese AI technologies after OpenAI restricted their access, CoinTelegraph reported. This change highlights ongoing challenges in AI resource availability within the crypto sector.
For Japanese investors and traders, Thailand’s zero tax stance could influence regional crypto flows, potentially increasing competition for business from Japan’s established but more regulated market.